Uruguay’s General Tax Directorate (DGI) has issued Resolution No. 3.034/024 on 30 December 2024, updating its list of low or no-tax jurisdictions, effective 1 January 2025.

The new list includes 32 jurisdictions, adding Guyana while removing Sint Maarten from the prior version. Key jurisdictions include Angola, Christmas Island, Labuan (Malaysia), Puerto Rico, and the US Virgin Islands.

The revised list impacts tax measures such as transfer pricing, increased withholding taxes, and capital gains taxes for transactions involving listed jurisdictions. The 32 jurisdictions includes:

  • Angola
  • Ascension Island
  • Christmas Island
  • Cocos (Keeling) Islands
  • Djibouti, Falkland Islands
  • Fiji
  • French Polynesia
  • Guam
  • Guyana
  • Honduras
  • Jordan
  • Kiribati
  • Labuan (Malaysia)
  • Liberia
  • Niue
  • Norfolk Island
  • Pacific Islands
  • Palau
  • Pitcairn Island
  • Puerto Rico
  • Saint Helena
  • Saint Pierre and Miquelon
  • Solomon Islands
  • Svalbard
  • Swaziland (Eswatini)
  • Tokelau
  • Tonga
  • Tristan da Cunha
  • Tuvalu
  • US Virgin Islands
  • Yemen.